Friday, July 31, 2009
Harvard graduates hit it off with peer-to-peer loans for students
A t a time when cash is tight and student loan sources are shrinking, three Harvard University graduates have come up with an innovative solution: A peer-to-peer lending Web site called UniThrive.
The brainchild of Tarun Parikh, Nimay Mehta and Joshua Kushner, the site was launched in May to help out students in need of financial aid.
At the moment, loans are limited to Harvard students, but plans are under way to expand to other institutions in the fall semester.
"The Obama administration is seeking to remove private banks from the federal education lending systems," Parikh notes in a blog entry on UniThrive.org.
To read the full article, click here..
To read the ePaper, visit: http://www.newsindia-times.com
The brainchild of Tarun Parikh, Nimay Mehta and Joshua Kushner, the site was launched in May to help out students in need of financial aid.
At the moment, loans are limited to Harvard students, but plans are under way to expand to other institutions in the fall semester.
"The Obama administration is seeking to remove private banks from the federal education lending systems," Parikh notes in a blog entry on UniThrive.org.
To read the full article, click here..
To read the ePaper, visit: http://www.newsindia-times.com
Labels: education loans, harvard grads, harvard graduates launch loan website, Harvard University, innovative solution, loan webisite, students, website
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